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Not all retirement readiness tools are helpful

Many retirement planning tools fall short in ways that could have a serious impact on the person seeking to retire, says a new report from researchers at Texas Tech University.

By Marlene Y. Satter | Updated on February 29, 2016
Photo: Getty

Relying on tools to assess retirement readiness could be a big mistake—or not. It depends on the tools.

That’s according to a report from researchers at the department of personal financial planning at Texas Tech University, which found that many retirement planning tools fall short in ways that could have a serious impact on the person seeking to retire.

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